The Nigerian President, Muhammadu Buhari has on Wednesday made the full approval of the appointment of Hajiya Saratu A. Umar as the new Executive Secretary/Chief Executive Officer of the Nigerian Investment Promotion Commission (NIPC) for a fresh term which would have the duration five years.
Africa Today News, New York reports that Saratu Umar had been first appointed to the position in July 2014. This was disclosed in a statement by Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, on Tuesday.
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Saratu holds a Bachelor of Science degree in Economics from Ahmadu Bello University and an MBA in Finance and Banking. She has also been trained locally and internationally in all core aspects of her career, as well as in leadership, strategy, general management, risk management and corporate governance.
Saratu Umar is also a technocrat, reformer, strategist, economist, investment promotion expert, export development specialist, with experience in banking and finance, investment and consulting segments of the public and private sectors of Nigeria. In the short period of her service as Executive Secretary, she transformed the NIPC into a world-class investment agency and minimized revenue leakages, saving the country N500 billion, for which she received a commendation from the Revenue Mobilization Allocation and Fiscal Commission, RMFC.
The appointment is with immediate effect.
The Nigerian President, Muhammadu Buhari has also given a stern warning to Nigerians against abusing and misusing some of the roads which have been constructed by the federal government which were meant to stimulate economic growth and development.
The Nigerian President had also given the warning during the official commissioning and handing over a 55-kilometre road linking Nguru-Gashu’a-Bayamari in Yobe State.
Represented by the Minister of Power, Abubakar Aliyu, Buhari explained that the road has been built to the highest quality of design and workmanship, hence if is well used and not abused, it would last for its design service life span.
“Road abuse takes many forms such as overloading of vehicles and trucks which accelerates pavement damage, the spilling of petroleum products which dissolves all the components and allow water to penetrate and converting the road shoulders to parking places that bring the onset of road failure from the shoulder.
“We most all do our best to avoid these practices. Report them when they occur and act in a lawful manner to stop them”, he admonished.